YEARLY HIGH
0.5060 HKD
YEARLY LOW
0.4997 HKD
YEARLY AVERAGE
0.5028 HKD

2020 MVR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.5060. Conversely, the yearly low was recorded on June 10, dropping to 0.4997.

This high-to-low spread represents a total annual volatility of 0.0063 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5030 to the December average rate of 0.5030, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5060 was down 1.06% compared to the 2019 peak of 0.5114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 2,530 HKD
2019 Average 2,537 HKD
Yearly Trough Low 2,498 HKD
Transaction Impact: A difference of 31.45 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5035
0.5009
JanuMarcMayJulySeptNove

MVR to HKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5024, compared to 0.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5024
H2 Avg (Jul–Dec) 0.5031

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0042 HKD (High: 0.5042 / Low: 0.4999). On the other end, September was the most stable month, with a tight range of 0.0004 HKD (High: 0.5033 / Low: 0.5029).

March Spread (Volatile) ±0.0042
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.5032) against the same month in 2019 (average: 0.5076), the exchange rate shifted by -0.0044 (-0.87%).

2020 Avg (February) 0.5032
2019 Avg (February) 0.5076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5044 0.5022 0.5030
February 0.5060 0.5019 0.5032
March 0.5042 0.4999 0.5027
April 0.5035 0.5013 0.5027
May 0.5021 0.5000 0.5011
June 0.5033 0.4997 0.5019
July 0.5035 0.5029 0.5032
August 0.5033 0.5029 0.5031
September 0.5033 0.5029 0.5031
October 0.5035 0.5029 0.5031
November 0.5035 0.5030 0.5033
December 0.5035 0.5014 0.5030